I just found out about this awesome concept of CD Laddering. I won't go into a detailed explanation, because the link does a great job of that, but it's basically a way to average the security of CDs vs. the liquidity.
Well, I also just found out that ING Direct helps you do this automatically. Add to that the fact that ING has no minimums for CDs and the fact that they offer more duration options than most banks, and this becomes an absolutely fantastic savings vehicle. I'm making this my next priority after my move.
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